Red Hat Inc. an open source solutions provider on Monday announced that cloud and managed services providers in India, Indonesia, Japan, and Singapore have joined its 'Red Hat Certified Cloud and Service Provider program', helping them to better meet customer ...

The Minister of State for Finance, Arjun Ram Meghwal, on Saturday ruled out any policy measures in order to legalize the introduction of cryptocurrency for security and commodity-related transactions in immediate future. Meghwal also said a committee has been ...

Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government ushered in the new indirect taxation system on July 1.Indivjal Dhasmana reports.Illustration: Dominic Xavier/Rediff.com The exchequer got 19.1 per cent more from direct taxes in the first four months of the current financial year (FY18), but the amount paid by companies reflected their struggle with the Goods and Services Tax, GST. The total direct ...

Before participating, consider the company's long-term prospects, premium offered and acceptance ratio, says Sanjay Kumar Singh Since the beginning of April 2016, 69 companies have proposed or undertaken buybacks of shares worth Rs 58,592 crore. Currently Engineers India has announced one worth Rs 658.8 crore. Information technology companies such as Tata Consultancy Services (TCS), Wipro and HCL Technologies have been at the forefront. In the Union Budget 2016, the government changed the norm ...

While the gross collection under Corporate Income Tax (CIT) grew at 4.8%, the growth under Personal Income Tax (PIT) including Securities Transaction Tax (STT) is 12.9%. However, after adjusting for refunds, the net growth in CIT collections is 22.4% while ...

Net direct tax collection grew by 14.8% to Rs 1.42 lakh crore at the end of first quarter on account of surge in advance tax payments. During April-June, the revenue department also issued refunds to the tune of Rs 55,520 crore. This was, however, 5.2% lower ...